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Eritrea

Regulatory Risk Rating

Severe
Regulatory Risk

Regulatory Corruption Risk

Moderate
Regulatory Corruption Risk

Corruption Exposure Risk

Very High
Corruption Exposure Risk
Regulatory Risk Rating Factors Risk Level
1st Come / 1st Serve Subscribe
Application Criteria Subscribe
Duration Subscribe
Right to Renew Subscribe
Competing Licences Subscribe
Mineral Coverage Subscribe
Right to Mine Subscribe
Criteria for Mining Rights Subscribe
Tenure Subscribe
Surface Rights Subscribe
Government Take Subscribe
Transfer Rights Subscribe
Change of Control Subscribe
EIA Process Subscribe
Power to Revoke Subscribe
Age of Legislation Subscribe
Other Factors Subscribe

Neither triumph nor disaster, Eritrea’s Mining Proclamation casts the Ministry of Mines and Energy in the role of an overbearing parent who recognises the need to relinquish control but can’t quite do so. The miner (the child in this scenario) is granted certain rights and freedoms that give the impression of compromise, a loosening of the reins if you will; but don’t be fooled – it remains the prerogative of the Ministry – as head of this household – to take decisions on the issues that really matter!

Contents

Regulatory Risk Rating

Severe
Regulatory Risk

Regulatory Corruption Risk

Moderate
Regulatory Corruption Risk

Corruption Exposure Risk

Very High
Corruption Exposure Risk